| 来源类型 | Discussion paper
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| 规范类型 | 论文
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| 来源ID | DP1664
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| DP1664 Fiscal Rules and the Budget Process |
| [unavailable]
|
| 发表日期 | 1997-06-30
|
| 出版年 | 1997
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| 语种 | 英语
|
| 摘要 | This paper examines the impacts of key trade reforms likely to affect the APEC region over the next decade. It does so by taking an economy-wide perspective using projections to the year 2005, based on the global CGE model known as GTAP. The paper begins by showing that the empirical impact of implementing the Uruguay Round depends significantly on how China and Taiwan are treated. It then explores the market implications of increased economic growth in China, as well as several policy shocks. It is shown that increased industrial growth in China ? due to China integrating more into the global economy ? would be beneficial to the world, since it would boost industrialization in other Asian countries. Failure to honour Uruguay Round obligations to open textile and clothing markets in OECD countries, on the other hand, is shown to reduce East Asia?s industrialization and thereby slow the growth in this region?s net imports. Further MFN trade liberalization by APEC members, however, could add substantially to the growth and structural changes expected in the region and beyond over the next decade. The latter benefits are shown, though, to depend heavily on the inclusion of agriculture in the APEC reform, something that Northeast Asian countries have been reluctant to do. |
| 主题 | International Trade and Regional Economics
|
| 关键词 | Apec
Asia-pacific
Economic projections
Global cge modelling
Uruguay round
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| URL | https://cepr.org/publications/dp1664
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| 来源智库 | Centre for Economic Policy Research (United Kingdom)
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| 资源类型 | 智库出版物
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| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/530806
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推荐引用方式
GB/T 7714 |
[unavailable]. DP1664 Fiscal Rules and the Budget Process. 1997.
|
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